Iconic Office Building on
For Lease
Contact for pricing
245 N Waco Ave, Wichita, KS 67202
High-quality office space near Wichita's Central Business District.
Space Size2,804 SF - 8,425 SF
Property Size184,570 SF
Days on Market2989
Property Features for 245 N Waco Ave
General Information
Standard status
Active
Size
2,804 SF - 8,425 SF
Class
A
Property subtype
Office
Lease Type
Full Service
Site & Location
Neighborhood
Downtown
Building Details
Building Size
184,570 SF
Tenancy
Multiple
Spaces For Lease
at 245 N Waco Ave Contact usSuite 330 Active
Size
8,425 SF
Suite 230 Active
Size
2,804 SF
Suite 160 Active
Size
5,772 SF
Suite 200 Active
Size
2,970 SF
Listing Agency:
NAI Martens
Listed By:
Patrick Ahern · License #KS SP00052327
(316) 253-0660
Source:
Crexi
Added: Aug 20, 2018
Changed: Oct 23
Last Checked: Oct 24 at 2:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Martens
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Investment Insights
Based on property information with market context.
The Farm Credit Bank Building is situated on the Arkansas River, northwest of Wichita’s Central Business District. Its location offers visibility and benefits from riverfront investments, including a new river promenade and walkway enhancements adjacent to the building. Constructed in 1983, the building features an iconic exterior design with a limestone-clad curtain wall of concrete and glass panels. The mechanical rooms and common areas are in pristine condition. The property has been updated to include granite lobby floors, modernized elevators, fire and safety systems, an access system, and energy-saving devices. Amenities include a fitness center, an operating cafeteria, and a conference center on the garden level. It is located minutes from US Highway 54/400 and 20 minutes from any destination in the city.
Key Highlights
- Iconic building with limestone clad curtain wall and classic design.
- Prime location on the Arkansas River with high visibility and proximity to US Highway 54/400.
- Extensive updates including granite lobby floors, modernized elevators, and advanced fire/safety/access systems.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 67202, KS
2,435
Population
1,778
Households
1.4
Avg Household Size
35
Median Age
53%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,435
Density / Sq Mi
$67,892
Median Household Income
$41,160
Median Earnings
$1,039
Median Rent
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Market
Lease Benchmarks for Wichita, KS
$14.07 /SF/Yr
Avg Asking Price
$9.95–$21 /SF/Yr
Price Range
16,433 SF
Avg Space Size
This space is priced 49% above the average of $14.07 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - High-quality office space near Wichita's Central Business District.
Where is this office building located?
The property is located at 245 N Waco Ave Wichita, KS.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Iconic building with limestone clad curtain wall and classic design.; Prime location on the Arkansas River with high visibility and proximity to US Highway 54/400.; Extensive updates including granite lobby floors, modernized elevators, and advanced fire/safety/access systems.
